On Friday, BorgWarner Inc (NYSE: BWA) opened higher 1.96% from the last session, before settling in for the closing price of $32.18. Price fluctuations for BWA have ranged from $29.51 to $46.77 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 8.00%. Company’s average yearly earnings per share was noted 8.55% at the time writing. With a float of $225.91 million, this company’s outstanding shares have now reached $229.78 million.
Let’s determine the extent of company efficiency that accounts for 39900 employees.
BorgWarner Inc (BWA) Insider Activity
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of BorgWarner Inc is 0.84%, while institutional ownership is 99.66%. The most recent insider transaction that took place on Mar 13 ’24, was worth 99,000. In this transaction Vice President of this company sold 3,000 shares at a rate of $33.00, taking the stock ownership to the 249,013 shares. Before that another transaction happened on Mar 07 ’24, when Company’s Vice President sold 20,000 for $32.85, making the entire transaction worth $657,000. This insider now owns 111,964 shares in total.
BorgWarner Inc (BWA) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 1.35 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.08) by 0.27. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.99 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.80% during the next five years compared to -9.71% drop over the previous five years of trading.
BorgWarner Inc (NYSE: BWA) Trading Performance Indicators
Check out the current performance indicators for BorgWarner Inc (BWA). In the past quarter, the stock posted a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49. Likewise, its price to free cash flow for the trailing twelve months is 16.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.64, a number that is poised to hit 1.01 in the next quarter and is forecasted to reach 4.62 in one year’s time.
Technical Analysis of BorgWarner Inc (BWA)
Looking closely at BorgWarner Inc (NYSE: BWA), its last 5-days average volume was 2.68 million, which is a drop from its year-to-date volume of 2.84 million. As of the previous 9 days, the stock’s Stochastic %D was 23.85%. Additionally, its Average True Range was 0.90.
During the past 100 days, BorgWarner Inc’s (BWA) raw stochastic average was set at 29.35%, which indicates a significant decrease from 45.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.88% in the past 14 days, which was higher than the 28.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.82, while its 200-day Moving Average is $34.04. However, in the short run, BorgWarner Inc’s stock first resistance to watch stands at $33.08. Second resistance stands at $33.35. The third major resistance level sits at $33.87. If the price goes on to break the first support level at $32.29, it is likely to go to the next support level at $31.77. Should the price break the second support level, the third support level stands at $31.50.
BorgWarner Inc (NYSE: BWA) Key Stats
There are currently 227,838K shares outstanding in the company with a market cap of 7.48 billion. Presently, the company’s annual sales total 14,198 M according to its annual income of 625,000 K. Last quarter, the company’s sales amounted to 3,595 M and its income totaled 206,000 K.
